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About This Home

This 0-bedroom, 0-bathroom commercial at 87 U.S. Highway 1 in Verona Island, ME is listed for $1,895,000 ($190 per sqft). Built in 1994, the home offers 10,000 sqft of living space on a 13.37 acres lot.

Agent Description

Why This Property? This is a rare mixed-use investment combining retail, food service, fuel sales, residential income, and future development potential--all in one high-traffic, waterfront location. Ideal for owner-operators, investors, or entrepreneurs looking to expand.

Turnkey Commercial Investment on U.S. Route 1 with Waterfront & Multiple Income Streams Exceptional opportunity to own a highly visible, income-producing commercial property with expansive frontage along busy U.S. Route 1. With daily traffic counts between 8,000-10,000 vehicles, this property offers outstanding exposure and endless potential for growth.

Property Features: - Established convenience store with steady customer base - Fully equipped pizza business with commercial kitchen - Two full-service gas pumps - Additional space for a third business or expansion opportunity Commercial Kitchen lends to many possible avenues to make additional revenue in the food industry Additional Buildings: - T

wo separate structures previously used as a takeout restaurant and ice cream shop (ready for renovation and added income potential) - Detached storage shed Residential Income Potential: - Second floor features two completed one-bedroom apartments - Two additional units partially finished--ready to complete for added revenue Land & Location Highlights: - 13.37 acres of cleared land - Paved driveway with easy access - Prime frontage on U.S. Route 1 - Approximately 500± feet of waterfront on the Penobscot River Listing

Key Features

  • Built in 1994
  • 13.37 acre lot
  • Waterfront

Property Details

1994

Amenities

Waterfront

Monthly Cost Estimate

$10,135/mo

20% down · 6.5% · 30 years

Principal$1,370
Interest$8,212
Insurance$553

Estimates only. Actual payments may vary.

Location

87 U.S. Highway 1

Verona Island, ME 04416

Features & Amenities

Interior Features

Storage

Property Details

Flooring

LaminateCarpetTileVinyl

Construction

Wood Frame Vinyl Siding

Heating

BaseboardHot Water(Heating)RadiantNatural GasPropane (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 87 U.S. Highway 1 is listed at $1,895,000 ($190/sqft). The estimated monthly payment is $8,212 based on 20% down at 6.5% interest.

Key features include: Built in 1994, 13.37 acre lot, Waterfront. Interior Features: Storage.

This property is listed by Elaine Pelletier and can be reached at 2078524021 or epelletier81@gmail.com.

EP

Elaine Pelletier

Agent at Better Homes & Gardens Real Estate/The Masiello Group

(207) 852-4021

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS# 1657309· Source: listhub· Updated today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

87 U.S. Highway 1, Verona Island, ME 04416

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